Canada’s Wood Products Manufacturing Industry: Industrial Profile Summer 2016

Name: Canada’s Wood Products Manufacturing Industry: Industrial Profile Summer 2016
SKU: 8178-0405-WEB
Availability: InStock

Canadian Economics

August 10, 2016

Industry Economic Analysis

Author: The Conference Board of Canada

$660.00

U.S. Housing Market—Low interest rates and a healthy labour market continue to prop up U.S. housing demand. This bodes well for Canadian wood product exporters, but capacity investment will be necessary to meet growing U.S. demand.

Chinese Demand—A softening Chinese economy and rising competitive pressures from Russian and other European exporters have dampened demand for Canadian wood products from the Chinese market.

Expiration of Softwood Lumber Agreement—The grace period following the agreement expiration is providing a short-term boost to southbound industry exports, though its future weighs on the investment decisions of Canadian firms.

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